DB Schenker expands its global network with two acquisitions in Spain
The logistics company announces the purchase of two leading transport companies in Spain integrating more than 150 employees into DB Schenker in order to ensure…
Mohammed bin Rashid and Mohamed bin Zayed launch UAE rail program
The project worth AED50 billion and aims at establishing integrated system for transporting goods and passengers across the UAE
FTR reports preliminary North American Class 8 net orders drop in November to 9,500
FTR reports preliminary North American Class 8 net orders dropped in November to 9,500 units, down 41% from October and down 82% y/y. Orders were…
Vizen Analytics launches enhanced demand forecasting platform
Technology solutions provider Vizen Analytics is launching an enhanced version of its proprietary Empowered-AI demand forecasting platform
New report highlights regional economic importance of Ports of Stockholm
A new report compiled by WSP Advisory shows how important shipping is for Stockholm’s regional growth. Ports of Stockholm’s business operations create 24,000 job opportunities,…
MSC GRI from USA to Australia/New Zealand/New Caledonia effective January 2nd, 2022
MSC announced that effective January 2nd 2022, a General Rate Increase (GRI) will apply to all cargo moving from the United States to Australia, New…
BYD new energy passenger vehicles soaring 252.7% YOY in November
The latest sales data shows BYD sold 97,242 passenger vehicles in November, increasing 84.1% year-over-year (YoY).
Fraport-TAV seeks up to $1.7 billion loan for Antalya Airport
The German-Turkish joint venture that won a contract to run Turkey’s second-busiest airport in Antalya is seeking to borrow as much as 1.5 billion euros…
German factory orders slump as foreign demand plummets
German factory orders plummeted in October as demand for investment goods declined, putting the economy on weak footing in the final months of the year.
U.K. pushes U.S. to remove Trump-era steel, aluminum tariffs
U.K. Trade Secretary Anne-Marie Trevelyan will press U.S. Commerce Secretary Gina Raimondo on Tuesday to remove Trump-era tariffs on British steel and aluminum after the…
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